Course syllabus DEKA - Economics (FBE - 2017/2018 - post-graduate studies)

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Course code: DEKA
Course title in language of instruction: -- item not defined --
Course title in Czech: Economics
Course title in English: Economics
Mode of completion and number of credits: Exam (0 credits), Commissional exam (0 credits)
(1 ECTS credit = 28 hours of workload)
Mode of delivery/Timetabled classes: full-time, 24/0 (hours of lectures per week / hours of seminars per week)
part-time, 24/0 (lectures per period / seminars per period)
Language of instruction: Czech, English
Level of course: -- item not defined --
Semester: 2017/2018
Name of lecturer: prof. PhDr. Kamil Fuchs, CSc. (examiner, lecturer)
doc. Ing. Petr Rozmahel, Ph.D. (examiner, instructor, lecturer, supervisor)
Prerequisites: none
Aims of the course:
-- item not defined --
Course contents:
1.Microeconomics (allowance 0/0)
a.Consumer behaviour theory: preference, utility, budget constraint, Hicks and Slucki's equation, intermediate time selection, post-Keynesian theory of consumer behaviour -- lexicographic preferences.
b.Demand theory: individual and market demand.
c.Market balance and price: market balance and price in a very short, short and very long period, web theorem, market balance and price in the theory of overall balance.
d.Production factors theory: labour market and capital market.
e.Theory of market structures: monopolistic competition, oligopoly, monopoly, natural (common) monopoly, Schumpeter's hypothesis.
f.Overall balance theory: effectiveness in consumption, production, exchange and overall effectiveness.
g.Theory of market failures and microeconomic role of state: externalities (Pigouv attitude, Coas theorem), public estates.

2.Macroeconomics (allowance 0/0)
a.Current tendencies in macroeconomics development: new neoclassic macroeconomics, new Keynesian macroeconomics, post-Keynesian economics.
b.Macroeconomic balance in the AS-AD and IS-LM model: neo-Keynesian and neo-classical concept of aggregate supply, Keynesian and monetarist transmission mechanism.
c.Role of money in economics and position of central bank: in neo-Keynesian, post-Keynesian and monetarist theory, endogenous and exogenous nature of money supply.
d.Long-term economic growth: Keynesian and neo-classic theories of economic growth, theory of real economic growth.
e.Macroeconomics of open economy: determination of balance production in an open economy, IS-LM-BP model, monetarist theory of payment balance, money-exchange rates and capital mobility.
f.Macroeconomic policy in the IS-LM-BP model: monetary, fiscal, revenue and exchange-rate policy in the IS-LM-BP model.
g.DG-SP model and anti-inflation policy: shock and gradualist method, coefficient of rendering (immolation).

Learning outcomes and competences:
-- item not defined --
Type of course unit: optional
Year of study: Not applicable - the subject could be chosen at anytime during the course of the programme.
Work placement: There is no compulsory work placement in the course unit.
Recommended study modules: -
Learning activities and study load (hours of study load):
Type of teaching methodDaily attendanceCombined form
Total0 h0 h
Assessment methods:
Subject is finished by oral exam based on the topics included in syllabi.
Recommended reading:
TypeAuthorTitlePublished inPublisherYearISBN
RQDORNBUSCH, R. -- FISCHER, S. -- STARTZ, R.MacroeconomicsBostonMcGraw-Hill/Irwin0-07-282340-2
RQVARIAN, H R.Intermediate microeconomics : a modern approachNew YorkW. W. Norton20030-393-97830-3
RQAn outline of the history of economic thoughtOxfordOxford University Press20040-19-927914-4
RQBLAUG, M.Economic theory in retrospectCambridgeCambridge University Press20020-521-57153-7


Last modification made by Ing. Jiří Gruber on 08/08/2017.

Type of output: